Regulatory
Crypto platform gets approval from central bank
Binance, the largest cryptocurrency exchange, has received initial approval from the Central Bank of Bahrain to be the service provider of crypto assets ...
Regulatory
Uganda: BoU upgrades Postbank to Tier One category for Banks
Postbank bank Uganda, as mandated by the law, shall no longer be categorized as a credit institution but as a deposit taking financial ...
Global
Global: Turkey’s financial regulator slaps Binance’s Turkish unit with $751,314 in fines
Turkey’s financial regulatory authority has accused Binance’s local cryptocurrency exchange unit of violations in liability inspections. The charges against the crypto exchange are the first ...
Kenya
Kenya: Law to Regulate Digital Lenders Takes Effect
The Central Bank of Kenya (Amendment) Act 2021, that will allow the CBK to license and supervise digital lenders has come into effect ...
Global
Global: New RBI rules for online payments from 1 January, 2022
The RBI has ordered all companies in India to purge saved credit and debit card data from their systems from January 1, 2022. ...
Africa
Seychelles: Central Bank of Seychelles Maintains Interest Rates At 2 Percent Amidst Covid Uncertainty
The Central Bank of Seychelles has decided to maintain its monetary policy rate at 2 percent for the first quarter of 2022 as ...
Global
Global: Metro Bank fined with USD 7.3 mln
The Bank of England has fined Metro Bank USD 7.13 million for failures in its regulatory reporting, after the lender revealed an accounting blunder in 2019. Metro ...
Global
Global: Dubai World Trade Centre to set a crypto regulatory framework
Crypto exchange Binance has signed a memorandum of understanding with the Dubai World Trade Centre authority to help it establish a crypto regulatory ...
Regulatory
Zimbabwe: ZSE gives approval for Cassava name change
Zimbabwe Stock Exchange (ZSE)-listed tech-group Cassava Smartech has been given the nod by the ZSE to change its name to EcoCash Holdings Limited. ...
Global
Global: Standard Chartered fined £46.5m by Bank of England over reporting failures
The Bank of England has fined Standard Chartered £46.5m for repeatedly misreporting its liquidity position and for “failing to be open and cooperative” with the ...
